POM Quiz 3 Sp24

What are goals often described as in the context of planning?

• Fixed targets

• Flexible guidelines

• Essential elements

• Optional considerations

Why is it necessary to know the desired target or outcome before establishing plans?

• To assess the feasibility of the plans

• To evaluate alternative options

• To determine resource allocations

• To guide management decisions

What is the potential consequence of emphasizing only one goal, such as profit?

• Increased employee satisfaction

• Enhanced organizational success

• Ignoring other essential goals

• Improved ethical behaviors

How are most company's goals classified?

• Economic and non-economic

• Tactical and operational

• Strategic and financial

• Short-term and long-term

What distinguishes financial goals from strategic goals?

• They focus on long-term success

• They are related to resource allocations

• They relate to the organization's financial performance

• They address all areas of an organization's performance

Where are stated goals typically found in an organization?

• In internal memos

• In employee handbooks

• In public statements made by managers

• In performance appraisal reports

What is the primary limitation of stated goals?

• They lack clarity and specificity

• They are often conflicting and influenced by stakeholders

• They do not reflect the organization's true priorities

• They are subject to frequent changes

How can an organization's real goals be determined?

• By analyzing its financial statements

• By observing the actions of organizational members

• By reviewing its strategic plans

• By conducting employee surveys

What is the significance of knowing that real and stated goals may differ?

• It provides insights into organizational priorities

• It helps in improving management consistency

• It ensures alignment with stakeholder expectations

• It reduces the need for performance evaluations

What statement best summarizes the relationship between actions and organizational goals according to the text?

• Actions often contradict organizational goals.

• Organizational goals dictate the actions of members.

• Actions reveal organizational priorities.

• Organizational goals are solely defined by members' actions